Cautious Investors Amid Tariff Threats and Crypto Surge
Introduction
The Dow and S&P 500 have remained relatively flat as investors closely monitor President Trump's ongoing threats of imposing tariffs on various goods and services. This has resulted in a cautious market, with stock prices remaining stable. However, the cryptocurrency market has seen a surge as bitcoin climbs to a new record high.
Current Market Situation
Despite the overall slow movement in the stock market, bond yields have seen a slight increase and investors are keeping a close eye on the upcoming CPI inflation reading and corporate earnings reports. The ongoing trade tensions between the US and China have also added to the uncertainty, causing investors to be more cautious in their approach.
Implications of Tariffs
If President Trump follows through with his proposed tariffs, it could have a significant impact on not only the US economy, but also on global trade. The potential for a trade war has many investors
